Professor Ken Peasnell
Director, Distinguished Professor
Accounting and Finance
The Management SchoolLancaster University
Bailrigg
Lancaster
LA1 4YX
Other affiliations: International Centre for Research in Accounting, The Work Foundation
Research Overview
Understanding the financial crisis and fixing the financial system. Usefulness of accounting data for equity valuation. The prudential control of financial institutions. Issues in financial reporting and financial statement analysis. Development of accounting thought.
Current Research
Market reaction to asset impairments by US banks. Asset reclassifications by European banks. Impact and usefulness of IFRS. Analysts' earnings forecasts and stock recommendations. Pension accounting. Measurement of financial performance. The conceptual framework for financial reporting.
Professional Role
Lancaster University committees: Professorial Pay Review Panel; Chairs and Readerships Committee
Current Teaching
Accounting PhD Seminar.
External Roles
Professorial Research Fellow, Institute of Chartered Accountants of Scotland. Member, Accounting Standards Board's Academic Advisory Panel.
Qualifications
DipBS, Sheffield, MSc, London, PhD, Lancaster, FCA
Selected publications
- Do investors understand really dirty surplus?
Landsman, W R., Miller, B L ., Peasnell, K V. & Yeh, S. 2011 In: The Accounting Review. 86, 1, p. 237-258. 22 p.
Journal article - Credit where it's due: How to revive bank lending to British Small and Medium Sized Entreprises
Hutton, W. & Peasnell, K. 11/2011 London : The Work Foundation. 19 p.
Other report - Have changes in pension accounting changed pension provision?: a review of the evidence
Kiosse, P. & Peasnell, K V. 2009 In: Accounting and Business Research. 39, 3, p. 255-267. 13 p.
Journal article - Are asset securitizations sales or loans?
Landsman, W R., Peasnell, K V. & Shakespeare, C. 2008 In: The Accounting Review. 83, 5, p. 1251-1272. 22 p.
Journal article - Which approach to accounting for employee stock options best reflects market pricing?
Landsman, W R., Peasnell, K V., Pope, P F. & Yeh, S. 2006 In: Review of Accounting Studies. 11, 2-3, p. 203-245. 43 p.
Journal article - Residual income valuation: are inflation adjustments necessary?
O'Hanlon, J F. & Peasnell, K V. 2004 In: Review of Accounting Studies. 9, 4, p. 375-398. 24 p.
Journal article - Residual income and value creation: the missing link
O'Hanlon, J F. & Peasnell, K V. 2002 In: Review of Accounting Studies. 7, 2/3, p. 229-245. 17 p.
Journal article
The Treasury could significantly boost lending to SMEs by adopting an innovative approach to credit easing. 